Systematic Financial Management LP Sells 45,480 Shares of Polaris Inc. $PII

Key Points

• Systematic Financial Management LP has reduced its stake in Polaris Inc. by 18.4%, selling 45,480 shares during the first quarter, bringing its total holdings to 201,697 shares valued at approximately $8.26 million.
• Polaris Inc. reported a quarterly earnings per share (EPS) of $0.40, exceeding analyst expectations, though revenue dropped 5.5% year-over-year.
• The company has announced a quarterly dividend of $0.67 per share, with a yield of 4.7%, scheduled for payment on September 15.

Systematic Financial Management LP reduced its position in Polaris Inc. (NYSE:PII - Free Report) by 18.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 201,697 shares of the company's stock after selling 45,480 shares during the quarter. Systematic Financial Management LP owned approximately 0.36% of Polaris worth $8,257,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. UMB Bank n.a. boosted its position in Polaris by 114.1% during the first quarter. UMB Bank n.a. now owns 805 shares of the company's stock valued at $33,000 after acquiring an additional 429 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of Polaris during the 1st quarter valued at $35,000. Fifth Third Bancorp boosted its stake in Polaris by 46.9% during the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after acquiring an additional 318 shares in the last quarter. Allworth Financial LP grew its holdings in Polaris by 7,462.5% in the first quarter. Allworth Financial LP now owns 1,210 shares of the company's stock worth $50,000 after purchasing an additional 1,194 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Polaris by 191.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company's stock valued at $50,000 after purchasing an additional 797 shares in the last quarter. Institutional investors own 88.06% of the company's stock.

Polaris Stock Performance

Shares of Polaris stock traded down $1.10 during mid-day trading on Tuesday, hitting $56.26. 1,096,326 shares of the stock were exchanged, compared to its average volume of 1,782,763. Polaris Inc. has a 12 month low of $30.92 and a 12 month high of $86.51. The company has a 50-day simple moving average of $49.47 and a 200 day simple moving average of $43.15. The company has a market capitalization of $3.16 billion, a P/E ratio of -29.92 and a beta of 1.04. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04.

Polaris (NYSE:PII - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.35. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.Polaris's revenue was down 5.5% on a year-over-year basis. During the same period last year, the business posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be paid a $0.67 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $2.68 annualized dividend and a yield of 4.8%. Polaris's dividend payout ratio is presently -142.55%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on PII shares. Morgan Stanley cut their price objective on shares of Polaris from $31.00 to $29.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 1st. BMO Capital Markets reissued a "market perform" rating and issued a $52.00 price objective (up previously from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Wall Street Zen upgraded Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Citigroup reiterated a "sell" rating and issued a $27.00 target price (up from $23.00) on shares of Polaris in a report on Monday, June 16th. Finally, Roth Capital boosted their price target on shares of Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $48.33.

Polaris Profile

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.